As IBM plans to lay off a further 5 000 workers from its US operations, the number of jobs in developing markets looks set to overtake its US-based workforce.

According to reports in the US media, the IT giant plans to announce the job cuts, which will affect about 4% of its US workers, today.
IBM currently employs 115 000 people in the US, compared to about 113 000 in emerging markets – and a total workforce of about 400 000.
Despite the fact that it is laying off workers, IBM managed to increase both revenue and profits during the current economic downturn.